2006 Kentucky Revised Statutes - .120   Revenue estimates to be provided by Office of State Budget Director -- Appropriations to be based on estimates.

48.120 Revenue estimates to be provided by Office of State Budget Director -- Appropriations to be based on estimates. (1) By October 15 of each odd-numbered year, the Office of State Budget Director shall provide to each branch of government the preliminary detailed revenue estimates made in accordance with the provisions of KRS 48.115 for the general fund and road fund for the current and next two (2) fiscal years, including explanatory statements, and a comparative record of the actual revenues of these funds for each of the last two (2) years concluded. (2) On or before the fifteenth legislative day, the Office of State Budget Director shall certify and present to the General Assembly the final detailed revenue estimates made in accordance with the provisions of KRS 48.115 for these funds. (3) Appropriations made in the branch budget bills enacted for each branch of government shall be based upon the revenue estimates presented to the General Assembly by the Office of State Budget Director under subsection (2) of this section, as modified by the appropriations committees of the General Assembly. Effective: July 14, 2000 History: Amended 2000 Ky. Acts ch. 46, sec. 16, effective July 14, 2000. -- Amended 1996 Ky. Acts ch. 14, sec. 2, effective July 15, 1996. -- Amended 1990 Ky. Acts ch. 507, sec. 8, effective July 13, 1990. -- Amended 1988 Ky. Acts ch. 273, sec. 4, effective July 15, 1988. -- Created 1982 Ky. Acts ch. 450, sec. 12, effective July 1, 1983. Page 1 of 1